IPL GC clears decks for Dhoni’s return to CSK

IPL GC clears decks for Dhoni’s return to CSK - InsideSport

The Indian Premier League Governing Council has approved a player retention policy that will allow Chennai Super Kings to retain their captain for eight seasons and the name most synonym with the team Mahendra Singh Dhoni.

The GC along with the Committee of Administrators discussed and approved the IPL Player retention policy, salary cap, player regulations and other related issues in New Delhi on Wednesday.

Mahendra Singh Dhoni - InsideSport

The IPL Franchisees will have the right to secure up to five players by the right to retain three players before the auction and right to match the bid for the desired player during the auction. There can be a maximum of either three retentions or three right to match. However, the total cannot exceed five. If there is no retention before player auction then franchises can have up to three rights to match.

A franchisee can retain up to a maximum three capped Indian players. The cap is fixed at two each for the overseas and uncapped Indian players.

The CSK and Rajasthan Royals will be eligible to retain and match the bid price for the players who have been in their respective squads during the 2015 IPL season and who have been part of the Rising Pune Supergiants and Gujarat Lions squads in IPL 2017.

As reported by insidesport.co earlier, each franchisee will have a player auction price purse of INR 80 crore. Which will increase to INR 82 crore and INR 85 crore over the next two years respectively. The minimum spend will be 75 per cent of the salary cap for each season.

The IPL GC has also issued the following player retention price guidelines:

OPTION – 1

3 players retained pre-auction Salary Cap Charged Rs. Cr
Player 1 15
Player 2 11
Player 3 7

 

OPTION – 2

2 players retained pre-auction Salary Cap Charged Rs. Cr
Player 1 12.5
Player 2 8.5

 

OPTION – 3

1 player retained pre-auction Salary Cap Charged Rs. Cr
Player 1 12.5

 

The deduction from the salary purse in case of retention will be determined on the basis of guideline price or actual price, whichever is higher.

The GC has also fixed the following minimum reserve price:

Uncapped Players
Earlier Reserve Price New Reserve Price
INR 10 lakh INR 20 lakh
INR 20 lakh INR 30 lakh
INR 30 lakh INR 40 lakh
Capped Players
Earlier Reserve Price New Reserve Price
INR 30 lakh INR 50 lakh
INR 50 lakh INR 75 lakh
INR 1 cr INR 1 cr
INR 1.5 cr INR 1.5 cr
INR 2 cr INR 2 cr

A franchisee can have a squad of up to 25 players, which will include a maximum of 8 foreign players. It is mandatory for each franchisee to have at least 18 players in the squad.


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